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OptionsPilot vs Fidelity: Covered Call Tools Comparison (2026)

Compare OptionsPilot with Fidelity's options tools for covered calls. See how our AI-powered calculator compares to Fidelity's Active Trader Pro.

OptionsPilot6features better
2ties
Fidelity2features better

Feature Comparison

Feature
OptionsPilot
Fidelity
Winner
Covered Call Calculator
Dedicated calculator with AI
Trade Armor tool
✓ OptionsPilot
AI Strike Recommendations
Yes, based on your goals
No AI recommendations
✓ OptionsPilot
Mobile Options Experience
Optimized for mobile
Desktop-focused
✓ OptionsPilot
Home Screen Widgets
iOS widgets available
No widgets
✓ OptionsPilot
Options Research
Focused on income strategies
Comprehensive research
✓ Fidelity
Trade Execution
Analysis only
Full brokerage
✓ Fidelity
Options Education
Built-in guides
Learning center
Tie
Probability Analysis
Clear probability display
Available in ATP
Tie
Return Calculations
Instant annualized returns
Manual calculation
✓ OptionsPilot
User Experience
Simple, modern UI
Complex, feature-rich
✓ OptionsPilot

Frequently Asked Questions

How does OptionsPilot compare to Fidelity for covered calls?

OptionsPilot offers a more focused, user-friendly covered call experience with AI-powered recommendations, while Fidelity provides full brokerage services with their Trade Armor tool. OptionsPilot excels at quickly finding optimal strikes and calculating returns, while Fidelity lets you execute trades and manage your entire portfolio.

Does Fidelity have a covered call calculator?

Fidelity's Trade Armor tool in Active Trader Pro provides covered call analysis, but it's more complex to use than OptionsPilot's dedicated calculator. OptionsPilot offers simpler return calculations and AI-powered strike recommendations that Fidelity doesn't provide.

Can I use OptionsPilot with my Fidelity account?

Yes! Use OptionsPilot to find and analyze covered call opportunities, then execute trades on Fidelity. This gives you the best of both worlds: OptionsPilot's analysis tools and Fidelity's execution and account management.

Which is better for beginners?

OptionsPilot is easier for beginners to learn covered calls because of its focused interface and AI recommendations. Fidelity offers more features but can be overwhelming. Start with OptionsPilot to learn, then use Fidelity to execute trades.

Our Verdict

Use OptionsPilot for: Finding and analyzing covered calls with AI-powered recommendations, calculating returns instantly, and tracking positions with iPhone widgets.

Use Fidelity for: Executing trades and managing your brokerage account.

Best approach: Use OptionsPilot to find optimal covered call opportunities, then execute on Fidelity.

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